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Question 109 - PMI-RMP discussion

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At an oil and gas company, a major unified management information system is to be implemented. The project manager noted that risks gathered from the organization's business functions are not properly identified and categorized, making it difficult to develop an effective risk response.

How should the project manager handle this situation?

A.

Outsource conducting the risk response plan to risk consultants.

Answers
A.

Outsource conducting the risk response plan to risk consultants.

B.

Ask functional managers to improve their risk register and process.

Answers
B.

Ask functional managers to improve their risk register and process.

C.

Adjust the risk response plans to effectively handle the identified risks.

Answers
C.

Adjust the risk response plans to effectively handle the identified risks.

D.

Coach the functional groups on how to properly conduct the process.

Answers
D.

Coach the functional groups on how to properly conduct the process.

Suggested answer: D

Explanation:

The project manager should provide guidance and coaching to the functional groups on how to properly identify and categorize risks. This will help improve the quality of the risk register and ensure an effective risk response plan can be developed.

The project manager should coach the functional groups on how to properly conduct the process of identifying and categorizing risks, as this will help to improve the quality and consistency of the risk information and to facilitate the development of an effective risk response plan. The project manager should also provide guidance and support on how to use the appropriate tools and techniques, such as risk breakdown structure, risk taxonomy, risk checklists, risk interviews, and risk workshops, to elicit and document the risks from different perspectives and sources. By coaching the functional groups, the project manager can also enhance their risk awareness and ownership, and foster a collaborative risk culture within the project.Reference:The Standard for Risk Management in Portfolios, Programs, and Projects, page 71-72; PMBOK Guide, 6th edition, page 397-398.

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asked 14/11/2024
Alvin Thomas
46 questions
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